HomeMy WebLinkAbout029429 ORD - 03/27/2012Page 1 of 2
ORDINANCE
Appropriating $120,000 from the Unreserved Fund balance in the No.
1140 Business/Job Development Fund for a business incentive grant
from the Corpus Christi Business and Job Development Corporation
to Kanon Services, Inc. ("Kanon") for capital investments and the
creation and retention of jobs; Changing the FY 2011-2012 Operating
Budget, adopted by Ordinance No. 029155, by increasing proposed
expenditures by $120,000
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI,
TEXAS:
SECTION 1. That $120,000 from the unreserved fund balance in the No. 1140
Business/Job. Development Fund is appropriated for a business incentive grant from the
Corpus Christi Business and Job Development Corporation to Kanon for Capital
Investments and the Creation and Retention of Jobs.
SECTION 2. That Ordinance No. 029155, which adopted the FY 2011-2012 Operating
Fund, is changed to increase proposed expenditures in the No. 1140 Business/Job
Development Fund by $120,000 for a business incentive grant from the Corpus Christi
Business and Job Development Corporation to Kanon for Capital Investments and the
Creation and Retention of Jobs.
ATTEST:
CITY OF CORPUS CHRISTI
Armando Chapa - Joe dame
City Secretary Mayor
APPROVED: Pi�srla /5"-- , 2012
Charlotte e •m
Assista R ity Attorney
For City Attorney
Type A appropord Kanon Services 02152012
029429
INDEXED
Corpus Christi, Texas
2 day of .1c� , 2012
Respectfully,
Respectfully,
Joe Adame
Mayor
The above ordinance was passed by the following vote:
Joe Adame
Chris N. Adler
Larry R. Elizondo, Sr.
Kelley Allen
Priscilla Leal
David Loeb
John E. Marez
Nelda Martinez
Mark Scott
A-4)/0-1'.
Type A appropord Kanon Services 02152012
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029429
Page 2 of 2
CITY OF CORPUS CHRISTI
CERTIFICATION OF FUNDS
(City Charter Article IV, Sections 7 & 8)
nstance P. Sanchez, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly
honzed'.representative), hereby certify to the City Council and other appropriate officers that the money
aired for the current fiscal year's portion of the contract, agreement, obligation or expenditure described
eiow is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has not
en appropriated for any other purpose. Future payments are subject to annual appropriation by the
tounciil.
ouncil Action Date:
March 27, 2012
Appropriiating $120,000 from the Unreserved Fund balance in the No. 1140 Business/Job
velopment Fund for a business incentive grant from the Corpus Christi Business and Job
veloprnent Corporation to Kanon Services, Inc. ("Kanon") for capital investments and the creation
retention ; of jobs; Changing the FY 2011-2012 Operating Budget, adopted by Ordinance No.
5,;by increasing proposed expenditures by $120,000
;BJDC''`
ota
Name
120,000.00
Account No.
251850
edification Not Required
Fund No.
1140
hi
Org. No.
000000
Project No.
Amount
$120,000
$120,000
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1 Director of Financial Services
Date: Click: here to enter a date.
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